Morning meeting AOF France / Europe – Advent dominated by the variant

    Morning meeting AOF France / Europe – Advent dominated by the variant

    (AOF) – Advent has rarely been so feverish in markets which should start the session indecisive. Investors are reassured by the $ 900 billion stimulus plan adopted in the United States after months of palaver. However, this good news, already generally integrated in the courses, is jostled by the propagation of a variation of the Covid a priori even more contagious. To date, experts assure that the newly developed vaccines are just as effective against this new variation of the coronavirus. The reverse would be dramatic.

    Technical analysis of the CAC 40

    From a graphical analysis point of view, the DayByDay design office observes a doji, a candle without a body with long high and low wicks. This candle generally reflects a balance between buyers and sellers except that it is preceded by a large bearish gap. This means that after the sharply lower opening, neither side gained the advantage. It is therefore necessary to push the support at 5,343 points at the end to trigger a significant correction wave in the direction of 5,096 points.

    The values ​​to follow today

    NICOX

    Nicox partner Bausch + Lomb has received marketing approval in Colombia for the latanoprostene ophthalmic solution bunod, under the proprietary name Cliropta, (product marketed in the United States under the name Vyzulta). Vyzulta is marketed in the United States, Canada and Argentina and approved for commercialization in five other territories – Colombia, Hong Kong, Mexico, Taiwan and Ukraine – for the reduction of intraocular pressure (IOP) in patients with glaucoma. open angle or ocular hypertension.

    LIQUID AIR

    ASDA, a leading retailer in the United Kingdom, has entrusted Air Liquide with the installation and operation of six biomethane (bio-NGV) distribution stations for the refueling of trucks at its sites. This major contract, in addition to other investments aimed at increasing production and distribution capacities, reflects a significant acceleration in the development of the Group’s biomethane activities in the United Kingdom.

    MERCIALYS

    Mercialys has sold the Monoprix site at 74 rue des Bourguignons in Asnières-sur-Seine (92600) to a company advised by Picture Asset Management. The sale was made on the basis of a net selling price of 30.8 million euros, above its appraised value at the end of June 2020 and at a rate significantly lower than the average appraisal rate of return of the assets of 5.49%. This operation confirms the interest of investors in the physical real estate market for resilient commercial assets that generate sustainable flows, underlined the property company.

    SPIES

    Spie acquired the German group Planen & Bauen. Founded in 1997 and located in the Frankfurt region, the company provides engineering services with strong expertise in the field of data centers. Its service offering covers the design, planning and supervision of projects related to data centers and buildings for specific uses. With nearly 60 qualified employees, Planen & Bauen generated production of around 10 million euros in 2019.

    Macroeconomic figures

    In the United States, investors will learn about the new GDP estimate for the third quarter at 2:30 p.m. Sales of existing homes in November are expected at 4 p.m.

    Around 8:15 a.m., the euro dropped 0.13% to $ 1.2223.

    Yesterday in Paris

    European markets closed sharply down, penalized by fears over the spread of a “mutant virus”. The latter would not be more dangerous but 70% more contagious. Experts say the vaccines also work against him, but doubt seems to have set in. In the short term, the impact of this virus is already being felt. The United Kingdom, the region where the virus spreads the most, is isolated from the rest of the world and investors fear new, stricter containments in Europe. The CAC 40 lost 2.43% to 5,393.34 points, the Euro Stoxx 50, 2.67%.

    Yesterday on Wall Street

    Wall Street closed on Monday in dispersed order. The new $ 900 billion plan to support the economy finally passed by Congress and the Fed’s authorization for banks to resume share buybacks, under certain conditions, offset the renewed concern over the spread of a variant of Covid-19 that is a priori much more contagious. To date, the vaccines developed would however work against this new danger. The Dow Jones gathered 0.12% to 12,742.45 points while the Nasdaq gave up 0.1% to 12,742.52 points.

    Share Button